£117,500
1 bed flat for saleBlanket Row, Hull HU1
1 bed
1 bath
- Leasehold
Alesco Investment Properties
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About this property
Investment property: Sovereign Quay is a luxury development located in the heart of Hull, offering 104 one, two, and three-bedroom apartments. This standout conversion caters to the growing demand for quality housing in Hull, making it an ideal investment opportunity. Investors can expect an 8% yield, benefiting from Hull's expanding rental market and chronic housing shortage.
-8% Yield with strong rental demand
-Property prices rising, 28.8% growth by 2028
-Prime location in fast-growing urban hub
-Excellent transport links via bus and train
-Ideal for professionals
-Wealth of local amenities
Hull is known for its robust rental yields, and property prices in the city are steadily increasing as regeneration projects continue and demand for housing rises. With capital appreciation expected to increase by 28.8% by 2028, this is an exciting opportunity for long-term growth.
As Yorkshire's maritime city, Hull has rapidly evolved into one of the UK's most important manufacturing and energy hubs. Its strategic location on the River Humber combines 800 years of seafaring history with a modern high-tech future, creating an aspirational lifestyle and new job opportunities. Hull's annual gva exceeds £6.2bn, with a growth target of £1.26bn by 2026. Over 10,000 businesses are located in the city, employing around 138,000 people across diverse sectors, including green energy, environmental technology, and manufacturing.
Hull's leadership in the climate and green technology sectors has attracted global companies such as Siemens Gamesa, bp, P&O, Smith & Nephew, and Ideal Heating, cementing its status as a globally important business hub. These factors contribute to Hull's continued economic expansion, making it a prime location for property investment. Investors in Sovereign Quay will benefit not only from strong rental yields but also from the city's exciting long-term growth potential and vibrant business environment.
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